NOT LISTED FOR SALE

3622 Rainbow Ln SE Olympia, WA 98501

Estimated Value: $465,518 - $539,000

3 Beds
3 Baths
1,673 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $450,000 $269 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,998/month

Highlights

  • RV Access or Parking
  • Fruit Trees
  • 1 Fireplace
  • Timberline High School Rated A-
  • Traditional Architecture
  • Cul-De-Sac

About This Home

As of August 2021

Need a Yard? Well Maintained 2 Story on 1/4 ac - 3BR/2.5BA home is on a cul de sac - small neighborhood for privacy. There is a 'secret room' off the Master for a private get a way or a reading nook, or storage (not incl. in the SF). Relax in your family room off the kitchen or in the quiet living room with bay windows and a Natural Gas Stand Alone Stove in a wonderful brick hearth with mantle, skylights and upgraded doors and trim. The fenced backyard is fully fenced w/ a very cute doghouse! The garden already has an established blueberry bush, apples, raspberries, rhubarb, and so much more! Nice Double Car Garage, room on the side of the garage for an RV! Come on in and take a look!

Last Agent to Sell the Property

Paul Klenk

Van Dorm Realty, Inc License #29068 Listed on: 07/08/2021

Van Dorm Realty, Inc

Last Buyer's Agent

Mitch Dietz

Coldwell Banker Evergreen License #24002319

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1803487

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,945

Year Built

  • Built in 1986

Lot Details

  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • South Eastside Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 77680000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,945

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet, R
  • Appliances That Stay: Dishwasher, Refrigerator
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1480
  • Square Footage Finished: 1673

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached, Off Street, K
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Community Well
  • Water Heater: Garage-NG
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: South Eastside Olympia

Schools

  • Elementary School: Horizons Elem
  • Middle School: Komachin Mid
  • High School: Timberline High
  • School District: NTN

Lot Info

  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 11259
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 77680000400
  • Zoning Code: Residential
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 3415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 11, 2021
Sold by
Moise Sean J De and Moise Wendy K
Bought by
Schultz Eric and Schultz Deseree L
Seller's Agent
Paul Klenk
Van Dorm Realty, Inc
Buyer's Agent
Mitch Dietz
Coldwell Banker Evergreen
List Price
$430,000
Sold Price
$450,000
Premium/Discount to List
$20,000
4.65%
Current Estimated Value
$503,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,380
Avg. Annual Appreciation
2.74%
Original Mortgage
$466,200
Outstanding Balance
$423,920
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$79,460

Purchase Details

Closed on
Oct 9, 2008
Sold by
Hoffman Beth A
Bought by
Demoise Sean J and Demoise Wendy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,430
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2006
Sold by
Hoffman Holt A
Bought by
Hoffman Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2006
Sold by
Hoffman Beth A and Hoffman Holt A
Bought by
Hoffman Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2006
Sold by
Hoffman Holt A
Bought by
Hoffman Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Sweeney Leanne J
Bought by
Hoffman Holt A and Hoffman Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
6.22%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schultz Eric $450,000 Thurston County Title
Demoise Sean J $249,900 Chicago Title Company
Hoffman Beth A -- None Available
Hoffman Beth A -- First American
Hoffman Beth A -- None Available
Hoffman Holt A $179,900 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Eric $466,200
Previous Owner Demoise Sean J $245,430
Previous Owner Hoffman Beth A $161,000
Previous Owner Hoffman Holt A $143,900
Closed Hoffman Holt A $17,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $450,000 +4.7% $269 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $430,000 -- $257 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,945 $387,800 $148,300 $239,500
2023 $3,945 $401,900 $150,300 $251,600
2022 $3,763 $383,000 $115,800 $267,200
2021 $3,415 $314,000 $98,800 $215,200
2020 $3,205 $265,100 $106,400 $158,700
2019 $2,736 $255,900 $95,100 $160,800
2018 $3,072 $219,100 $74,200 $144,900
2017 $2,790 $206,800 $74,700 $132,100
2016 $2,660 $198,950 $67,250 $131,700
2014 -- $193,750 $67,250 $126,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1803487

Northwest Multiple Listing Service (NWMLS)

APN: 77680000400